The 'too hot' jobs market has gotten a little more 'just right' 🍲

Not so hot that inflation rises, but not so cold that we head toward recession 👍

Not too hot. Not too cold. But just right. From the story Goldilocks and the Three Bears. (Getty)

In recent weeks, we’ve watched evidence accumulate suggesting that the economic narrative is shifting toward one in which growth cools from very hot levels — but not by so much that the economy spirals into a recession.

The May U.S. jobs report released Frida…